recovery plan

France Galop has announced a "major recovery plan" in a bid to shore up the country's racing industry in the face of falling turnover from the PMU. From July 1, prize-money will be reduced by €10.5 million for the remainder of 2025 - representing a drop of 3.6 per cent. From 2026, there will be savings of €20.3 million on prize-money, a drop of 6.9 per cent. Group 1 races will however remain unaffected.  France Galop president Guillaume de Saint-Seine presented the changes to his committee and board on May...